Thunderful Group to lay off around 20% of its staff in an attempt to make the company ‘stronger’

Thunderful Group, a Swedish video game holding company that owns a number of game publishers and developers as well as gaming and toy distribution companies, has announced that it plans to lay off around 20% of its staff as it restructures its operations. Announced today (January 17), a press release stated that the restructuring process is being put in place in order to “strengthen the Group’s long-term competitive position” with the aim of reducing costs and focusing on “areas with

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